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Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company is engaged in the rental of commercial and residential real estate properties located in Canada. All the properties are in one region: Edmonton, Alberta. The Company also invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting of about 72,675 square feet three-story commercial office tower and attached single-story bays with an underground parking facility (Cassel Centre), located in Edmonton, Alberta. It also has two residential condominium units located in Edmonton, Alberta. The Company seeks to expand its portfolio of income-producing properties.


TSXV:RPP - Post by User

Post by Framicon Jun 27, 2000 9:56pm
198 Views
Post# 2126312

The Float is big, need direction

The Float is big, need directionThe stock as a very strong support at 9 or 10 cents. So the down risk is very low. There is a huge float standing and the only reason to see a upward movement is a clear sign of real improvement of gross margin on sales. This should happen with prices increases and costs reductions. Both seems to be actually achieved . Results will there be at Q2 and Q3 and the stock will move upward. Be patient... it is still an excellent play.
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